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Developers Snag TIF Funds for Upscale Market

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Marianos-rendering-sm.jpgIf the Dominick's in Greektown isn't fancy enough of a grocery store, a new spot is on its way. Developers behind the forthcoming Mariano's Fresh Market at Monroe and Halsted (across the street from said Dominick's) just landed $7 million in tax-increment financing, which will cover about 17 percent of the costs to build the store. Once built, the 95,000 square-foot property will also have a much-needed 220-space surface parking lot. Ground breaking is rumored to begin sometime this summer. [Curbed Chicago]

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